Rebirth, you call this an honest man?
Chapter 278 Lehman Bankruptcy
Wang Heng tried his best to prevent foreign brand mobile phones from entering the country. News spread to the beautiful country.
It even aroused discussion at Apple, and even at an Apple meeting, some executives specifically proposed,
After hearing this, Jobs said directly, "Apple mobile phones will not be released in China, so don't worry."
"But they have a population of 1.4 billion, which is a market several times larger than our beautiful country."
"So what? Their products are all knockoffs, and they can't afford genuine ones, so Apple products are never sold to them."
"Boss, they sold 120 million Honor phones!"
“Honor mobile phones are also copycat products.”
Seeing that Jobs always insisted on his prejudices, the executives said nothing more.
Not only did Apple phones not care, but so did Samsung phones. After Wang Heng boycotted them, they no longer distributed them domestically.
In the parallel world, Samsung disappeared in the country due to battery problems.
Apple is amazing. It occupies more than 60% of the domestic high-end market, and after it turned into problems, it even accounts for more than 80% of the high-end market.
It can be said that Apple dominates the domestic high-end mobile phone market.
Now that Wang Heng is doing this, it is estimated that Apple's market value will be reduced by a quarter in the future, and it will also have a market value of 2 trillion US dollars in the future. There is no way that Apple's mobile phone has a large backend.
So while Wang Heng is working on Apple, he still buys Apple stock.
When Wang Heng was paying attention to the sales of Honor 2, a piece of news from the beautiful country shocked the world.
"Lehman Brothers is bankrupt!" This was breaking news. Global stock markets plunged because of this news.
At the headquarters of Hengda Group, most employees were discussing this matter during their lunch break. After all, this is the headline news in the current world.
Of course, as a group company that mainly focuses on the IT industry, it has nothing to do with this matter, but discussions have taken off one after another.
The bankruptcy of Lehman Brothers, the fourth largest investment bank in North America, had a huge impact and was even more terrifying than the previous subprime mortgage companies.
"It's over. Let's see how many companies go bankrupt this time."
"It was a subprime crisis before, but now it's a financial crisis. There are two crises in one year. This year is probably the most difficult year..."
"Alas! The boss also lost 50 billion. Pin Xixi and Yanxuan will be fine, but the group company will be sad."
"It doesn't matter. Although the financial crisis is scary, we at Hengda Group don't need to be afraid at all."
"Why don't you be afraid?"
"We at Hengda Group are engaged in technology. What does the subprime mortgage crisis or the financial crisis have to do with us?"
"The group company has Hengda Investment, which seems to be a stock speculator. I heard that it borrowed tens of billions to invest in the stock market."
"That's it. The company may have to lay off employees."
"No way? Although the company's senior leaders have not come out to make a speech to stabilize people's hearts, our company has not announced any announcements of increasing revenue, cutting expenditures, or laying off employees so far. Instead, we are still recruiting externally at this time. We cannot feel the economic crisis at all.
Come, can't you see, our company is not short of money."
"I borrow tens of billions if I don't need enough money. Now that there is a financial crisis, others will definitely demand repayment."
"Alas! I saw rumors on the Internet that the boss of our company invested carelessly, and there may be a capital chain crisis this time. Some time ago, the company raised 50 billion from Pinxixi and Yanxuan, and I heard that 20 billion of it was borrowed...
If layoffs really happen, we will most likely be the ones to be eliminated... Sigh! We don’t even have the heart to work anymore!”
"Don't think so much. It's a blessing or a curse. You can't avoid it. As long as you do your job well, and look at the company's continuous expansion of recruitment, even if it's laid off, it won't be able to lay off you, unless it's your own work that makes the difference.
It’s a big problem. If I were killed because this affected my mentality and fed back to the studio, I wouldn’t even be able to cry.”
"That makes me feel relieved, haha. Anyway, my performance has almost been completed, so I shouldn't be killed."
…
There are only a few hundred employees in the Hengda Group Corporation. Although the financial crisis is quite scary, everyone has not experienced much emotional fluctuations.
Although the company's senior management did not come out to express their views, the company's current operating conditions are very good, and the finances of each subsidiary are also very healthy.
Pinxixi raised 20 billion yuan, Yanxuan raised 30 billion yuan, Meituan increased its capital by 10 billion, Pinpay also increased its capital by 5 billion, and Honor Mobile's net profit was more than 20 billion yuan without any dividends.
In addition to these, the group company also has several billions of working capital, which is enough to cope with various emergencies.
As for why such a large group company only has a few hundred staff members?
Because it is a group company, it only supervises the data management of the enterprises or subsidiaries invested by the group company, and does not involve production and sales, so it does not require many people.
As for the tens of thousands of employees at the annual meeting, they are naturally from the subsidiaries.
Not to mention other things, Pinxixi alone has tens of thousands of employees, not to mention Meituan, which also has tens of thousands of employees, so tens of thousands of employees at the annual meeting is not a problem.
After the discussion, the company's employees just did what they were supposed to do, as usual, as if the financial crisis had nothing to do with the company at all.
After a round of emotional fluctuations, everyone's mentality became more stable. The nonchalant attitude of the company's senior management made people feel that they did not care about the changes in the general environment, which indirectly stabilized the morale of the military.
Not to mention the Honor mobile phone. Honor 1 sold 120 million units, and Honor 2 was snapped up by countless people after its release. The company has more than 20 billion in funds, so it is the least susceptible to the entire financial crisis. As a high-tech industrial company, it is
For consumer electronics, the growth momentum is almost as unsubstantial as that of the industry. It has not felt the impact of the economic crisis at all, and its performance and revenue data are definitely growing.
…
Wang Heng didn't care what his employees thought. He received a call from Li Wei, CEO of Hengda Investment, reminding him that the stock market was ready for harvest.
"Boss, the global stock market has been affected by the chain reaction of the bankruptcy of Lehman Brothers. The U.S. stock market has caused a big shock, and the three major stock indexes have plunged again..."
After hearing this, Wang Heng subconsciously turned on the computer and looked at the data.
When he was shorting U.S. stocks, Apple’s stock price was $1,249 and Amazon’s stock price was $1,076.
Google's stock price is $647, Sony's stock price is $64, and Merrill Lynch's stock price is $80.
5 futures contracts worth $50 billion,
Now Apple has dropped to $645,
Amazon also fell to $410,
Google is $250, Sony is $24, and Merrill Lynch is even worse, falling to $19. Bankruptcy is not far away.
Calculating income, Apple’s 10 billion ÷ 1249x (1249-645) = 4.8 billion US dollars,
Amazon 10 billion ÷ 1076x (1076-410) = 6.1 billion US dollars,
Google 10 billion ÷ 674x (674-250) = 4.3 billion US dollars,
Sony 10 billion ÷ 64x (64-24) = 6.2 billion US dollars,
Merrill Lynch 10 billion ÷ 80x (80-19) = 7.6 billion US dollars,
The five contracts have earned Wang Heng US$29 billion so far, plus a margin of US$10 billion, so as long as he settles, he will soon have US$39 billion in funds.
Wang Heng was just waiting for this opportunity to make a profit from settlement...
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